Australia’s Stocks Fell at the Market’s Close

When the market closed on Monday, Australian equities declined as a result of losses in the financials, information technology, and A-REITs sectors.

The S&P/ASX 200 dropped 0.50% at the Sydney market close, setting a new low for the month.

In the S&P/ASX 200, Westgold Resources Ltd. (ASX: WGX), which increased by 13.37% or 0.13 points to close at 1.06, was the best-performing stock of the session. Saint Barbara Ltd (ASX: SBM) was up 9.35% or 0.05 points to 0.58 in the late session, and Ramelius Resources Ltd (ASX: RMS) gained 10.16% or 0.10 points to close at 1.03.

On the Sydney Stock Exchange, declining equities exceeded advancing ones by 853 to 408 while 350 closed unchanged.

Shares of Skycity Entertainment Group Ltd. (ASX: SKC) which was the worst performer, dropped by 5.70% or 0.13 to 2.15, reaching 52-week lows. Nuix Ltd (ASX:NXL) went down 4.98% or 0.06 points to 1.05. Nickel Mines Ltd (ASX:NIC) lost 5.24% or 0.05 points to conclude at 0.90.

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